|  |  |  |
| --- | --- | --- |
|   | (c) | **50/50 Provision:** if separate Hull “all risks” and “war risks” insurance are arranged, include a 50/50 provision in a form reasonably acceptable to Lessor;
and  |




|  |  |  |
| --- | --- | --- |
|   | (d) | **No Option to Replace:** confirm that the insurers are not entitled to replace the Aircraft in the event of an insured Event of Loss.  |

  




|  |  |
| --- | --- |
| 1.3 | **Terms of Liability Insurance**  |

  

 All required liability insurance will: 

  




|  |  |  |
| --- | --- | --- |
|   | (a) | **Additional Insureds:** include each Indemnitee, as an additional insured (individually, an “Additional Insured”) for its respective rights and interests, warranted,
each as to itself only, no operational interest;  |

  




|  |  |  |
| --- | --- | --- |
|   | (b) | **Severability:** include a severability of interests clause which provides that the insurance, except for the limit of liability, will operate to give each insured the same
protection provided under the policy carried and maintained by Lessee as if there was a separate policy issued to each insured; and  |